Senior Legal Counsel

Fig•Toronto, ON

1d•CA$120,000 - CA$160,000•Hybrid

About The Position

Fig is a Canadian fintech company focused on making personal lending simpler, faster, and more accessible. They offer fully digital personal loans with quick application and decision processes, eliminating the need for paperwork or branch visits. Since its launch in 2023, Fig has experienced rapid growth and received industry recognition. The company is supported by Fairstone Bank of Canada and the Ontario Teachers’ Pension Plan. Fig is seeking a Senior Legal Counsel to support its growth. This role involves acting as a hands-on legal advisor to various teams within Fig, covering commercial, privacy, product, operational, and regulatory matters. The ideal candidate is a lawyer with experience in financial services who prefers to work closely with the business and handle legal tasks directly. Responsibilities may include negotiating agreements, advising on product launches, privacy issues, customer processes, and the responsible use of AI. The role operates in a fast-paced environment requiring judgment, ownership, and decision-making with incomplete information.

Requirements

5 to 8 years of legal experience, ideally with exposure to financial services, fintech, banking, lending, payments, insurance, consumer finance, technology, or another regulated industry.
Strong commercial contracting experience, including the ability to draft, review, negotiate, and close agreements with good judgment and limited hand-holding.
Comfort working with regulated products or services, including the ability to translate legal and regulatory requirements into clear and business-oriented guidance.
Experience with privacy, data, technology, vendor, or consumer-facing legal issues.
Excellent communication skills, with the ability to give clear and practical advice to both legal and non-legal stakeholders.
A collaborative mindset and the ability to build trust across functions while maintaining independent legal judgment.
Comfort operating in a fast-paced environment with limited structure, shifting priorities. You take ownership, make sound decisions, and have a shared sense of purpose to “Get Stuff Done” (#GSD).
Full professional proficiency in French and English, both written and spoken.
Member in good standing of a provincial bar in Canada or of the Chambre des notaires du Qu uevo bec.

Responsibilities

Act as a trusted legal advisor to teams across Fig on commercial, product, privacy, consumer, technology, marketing, and operational matters.
Draft, review, and negotiate commercial agreements, including SaaS agreements, vendor and service provider agreements, NDAs, partnership agreements, and other business-critical contracts.
Provide practical legal advice on product and business initiatives, including issues relating to consumer lending, privacy, disclosures, customer communications, vendor management, and digital financial services.
Advise on privacy and data matters, including data use, consent, retention, vendor arrangements, and privacy-by-design considerations.
Advise on the responsible use of AI and emerging technologies across the business, including legal, privacy, governance, and risk considerations.
Develop and improve contract templates, playbooks, policies, and practical guidance that help the business operate and scale efficiently and consistently.